Two groups lead way in race to buy John Textor’s stake in Crystal Palace
Textor’s Eagle Football group hold 46% of clubConsortium and billionaire both in running
An international consortium, fronted by two Crystal Palace supporters, and the billionaire food delivery entrepreneur Stanley Tang are the two frontrunners in contention to buy John Textor’s 46% stake in the south London club for more than £200m.
The football financier Keith Harris, who previously worked on takeover deals at West Ham, Manchester City and Aston Villa, has been advising a group led by Zechariah Janjua and Navshir Jaffer over their attempt to buy the shares from Textor’s Eagle Football group. They are said to both be Palace supporters and represent investors mainly from the United Arab Emirates but also North America, Canada and Europe through a newly established company called Sportsbank.
